Bonduelle's Brazilian Expansion Highlights Canned Food Opportunity

France-based vegetable group Bonduelle has announced the opening of its first factory in Brazil. The facility, located in the Marajo, Goias State will focus on canned peas and once fully operational will have the capacity to produce 50,000 tonnes of produce per year. The EUR15mn investment highlights the growing demand for canned products in emerging markets, which is in contrast to the situation in developed markets, where the sector is in long-term decline. Bonduelle has also indicated it is considering opening a facility for frozen food in the country, another segment experiencing limited growth in developed markets but with very

To read the full article, please choose one of the following options: